Purpose of Position
– Manger Taxation in Finance organization, GVR IndiaGVR India is seeking a Manager Taxation to lead the tax related responsibilities at Mumbai location. Reporting to the Financial Controller, he/she will be responsible the tax compliances of the Company – direct, indirect, transfer pricing, litigation and export regulations. The incumbent will oversee all preparations and support for the accounting and reporting for taxes, audits and assessments for statutory and group reporting. It is expected that he/she provides strategic inputs for tax planning and positioning in India markets.The tax lead will have future opportunities to take on expanded leadership roles within the GVR and / or Vontier organization.
Key Responsibilities
- The role and responsibilities will include:
- Tax compliance:
- Oversee the accurate calculation and timely payment of taxes.
- Filing of various tax returns and forms.
- Ensure compliance with the tax laws, both existing and changes – direct and indirect (income tax, GST)
- Accounting of the abovesaid taxes in the applicable GAAP.
- Prepare and review tax provisions and other disclosures for financial reporting.
- Tax reporting to GVR/Vontier Corp for group reporting.
- Tax audits and assessments.
- Handle all inquiries from tax authorities and audits
- Oversee the preparation of documents and supporting to be submitted.
- Respond to queries and prepare for tax audits and assessments.
- Work with the controlling and FP&A team to report risk, contingent liabilities and countermeasure the same.
- Tax planning and strategy:
- Develop and implement strategies to optimise tax liability of the Company.
- Undertake analysis to support business decisions-making.
- Collaborate with the broader finance and business teams to align tax planning and strategy to business goals.
- Monitor changes in tax laws and regulations to escalate risks and opportunities.
- Business advisory and partnering:
- Provide tax advice to management and stakeholders for transactions and operations.
- Oversee the inter-company set up of global COE.
- Other tax related:
- Compliance to transfer pricing rules, both local and GVR/Vontier requirements and ensuring arms-length pricing, billing and recovery across business areas
- Knowledge of foreign trade laws, EXIM, FEMA and GCC/COE and EOU set-up is required.
- Controls and compliance - maintaining track of compliance, litigation matters and escalating the same.
- Provide support to HR on employee payroll taxes including employee TDS deduction.
- Others:
- Work closely with advisors and consultants for optimising Company taxation.
- Tax-related assistance in mergers, acquisition and other Corporate projects of Vontier/GVR processes.
- Practice Vontier Business Systems VBS by identify and drive continuous improvements through Kaizen.
Qualifications, requirements:
To be a good fit for this opportunity you will have:
- Chartered Accountant with eight-twelve years of overall experience in finance, accounting or controlling with at least five years in taxation: direct, indirect. Transfer pricing and assessments/litigation.
- Should be well conversant with tax laws, changes and new developments.
- Experience in manufacturing set-up and MNC background.
- Exposure to plant accounting, costing, FP&A, and other areas of finance will be considered an added advantage.
- Knowledge of ERP and reporting systems (preferably, SAP and Hyperion) will be considered an added advantage.
- Should demonstrate strong financial acumen, critical thinking, problem-solving thinking skills and the ability to make decisions.
- Highly analytical, data and detail-oriented with ability to make decisions and work autonomously.
- Advanced Excel skills, command over MS Office applications and affinity to make presentations, as and when required.
- Strong compliance orientation to Vontier core value, tax laws, GAAP requirements, policies, SOX requirements.
- Excellent communication and people skills, ability to interact effectively with diverse levels and functions and build solid-long term relationships.
- Experience of managing teams with proven record in employee engagement.
- Effective oral and written communication skills, including the ability correspond with consultants and tax to convey technical financial information to non-financial people.
Relationships
- Reports to India Finance Director.
- Manage a team of internal and external tax resources including advisors and consultants.
- Strong working relationship with segment heads and cross functional teams.
- Close interface with factory, business and COE teams at various levels.
- Interface with other Corp GVR/Vontier and other Inter-Companies, as required.
Personal Trait Profile
- Accountable: Ability to prioritise, work under pressure and deliver on commitments.
- Collaborative: Strong collaborator and working together to achieve common purpose.
- Agile and pioneering: Self-aware and strong learning agility with a proactive mindset to ensure continuous growth.
- Customer-driven: Understand customers and stakeholder requirements, set high standards and deliver to exceed their expectations.
- Integrity: High personal integrity and operate in line with Vontier’s Standards of Conduct.
- Inclusiveness: Value each stakeholder and ensure growth for all.
Who Is Gilbarco Veeder-root
Gilbarco Veeder-Root, a Vontier company, is the worldwide technology leader for retail and commercial fueling operations, offering the broadest range of integrated solutions from the forecourt to the convenience store and head office. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support, and proven reliability. Major product lines include fuel dispensers, tank gauges and fleet management systems.
Who Is Vontier
Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.
At Vontier, we empower you to steer your career in the direction of success with a dynamic, innovative, and inclusive environment.
Our commitment to personal growth, work-life balance, and collaboration fuels a culture where your contributions drive meaningful change. We provide the roadmap for continuous learning, allowing creativity to flourish and ideas to accelerate into impactful solutions that contribute to a sustainable future.Join our community of passionate people who work together to navigate challenges and seize opportunities. At Vontier, you are not on this journey alone-we are dedicated to equipping you with the tools and support needed to fuel your innovation, lead with impact, and thrive both personally and professionally.
Together, let’s enable the way the world moves!
